The firm owned 618,002 shares of the company's stock after selling 247,718 shares during the period. Several other institutional investors and hedge funds have also recently bought and sold shares of KHC . The company has a market capitalization of $94.84 billion, a price-to-earnings ratio of 24.95 and a beta of 0.44. KHC traded on a high for the day of 78.15 with a corresponding low of 76.... [Full Article...]

SeaWorld is already working with bankers on a possible sale and Merlin is not the only possible buyer to approach the company, Bloomberg said. Those parks represent about half of SeaWorld's revenue, it added. "But it takes two parties to do a deal". Merlin Entertainments and SeaWorld declined to comment. It is thought this part could be the Busch Gardens theme parks. [Full Article...]

Why?" While fans of Taylor Swift may have had mixed reactions to her latest material, it looks like road safety authorities in the USA have found a pretty interesting way of using her lyrics to promote safe driving . In all of 2016, 404 people were killed on Iowa highways. A link to the Iowa DOT website states that in the week between September 25th to October 2nd, 10 traffic fatalities occur... [Full Article...]

Economists had expected the trade deficit to narrow to $42.7 billion from the $43.7 billion originally reported for the previous month. A key for economists was the continued slowdown of exports, which contributed in a big way to the second quarter's stellar 4.5-per-cent annualized growth pace. [Full Article...]

He was ousted from the company's helm earlier this year after a series of crises, though he maintained his board seat. The board of US ride-hailing company Uber Technologies Inc. Uber's licence expired on September 30 but its roughly 40,000 drivers are still able to take passengers until an appeals process is exhausted, which could take several months. [Full Article...]

It has outperformed by 1.25% the S&P500. Castleton Investment Management LLC bought a new position in Rice Midstream Partners LP (NYSE:RMP) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. [Full Article...]

The union, which represents 1,800 Monarch engineers and cabin crew, said workers are entitled to a statutory 45 days notice under United Kingdom law, and that employees with two years or more of service should receive redundancy pay. The Government has warned passengers to expect disruption and delays as it works to ensure there are enough flights to return the "huge number" of passengers. [Full Article...]